AdamC

How Apple's Market Share Will Propel Stock to $500, Part 2

@Constable Odo

The problem with Apple share is it's the shorts' favourite stock and has been for years. They made and make great profits all the time. These shorts also have analysts on their side helping them with damning reports such as those of Kathy Huberty and Toni Sacconaghi and a slew of tech bloggers like Scotts Moritz, etc..Remember how Cramer outlined his idea of shorting Apple shares on the Daily Show.

Some companies like RIMM and AMZN are loved by the wall street crowd and they will at the slightest excuse push their prices up - don't you find it amazing that AMZN P/E is 70 and they are not fazed by it whereas Apple at 30 people are already complaining.

I too get annoyed when Apple cannot hold their shares above $200 but then with all the forces against Apple I am surprise they are holding pretty well above $190.